The bank is now expediting expansion of its K Plus customer base, targeting students and payroll customers.

Partnership with large business conglomerates is also emphasised.

KBank aims to have 10.8 million K Plus users by this yearend, president Patchara Samalapa said.

Since fees were cancelled for funds transfer, bill payment and top-ups, he said, K Plus has become the most-used app for financial transactions.

In early April, the number of K Plus users surged 37 per cent year on year to 8.1 million.

The number of all types of transactions via K Plus has reached a record high of 20 items per day, up 2.5 times the number in April 2017.